Latest news with #ui.nv.gov
Yahoo
17-04-2025
- Business
- Yahoo
$44.9 million paid in unemployment benefits as Nevada jobless rate highest again
LAS VEGAS (KLAS) — Initial claims for unemployment benefits declined by 1.1% over the past month, but total payments to out-of-work Nevadans went up by $4.6 million, or 11.5%, according to the Department of Employment, Training and Rehabilitation (DETR). In total, the state paid out $44.9 million in unemployment benefits in March. Nevada's worst-in-the-nation unemployment rate dropped from 5.8% down to 5.7% in March. February rankings from the U.S. Bureau of Labor Statistics showed Nevada's jobless rate significantly higher than the 5.4% posted in California, Michigan and Washington, D.C. A U.S. Bureau of Labor Statistics graph ranking the nation's highest unemployment rates is typically a month behind current data. DETR's labor market overview showed the Las Vegas metro area added the equivalent of 600 jobs from February to March, fewer than the 800 jobs added in the Reno area. Carson City had a decline of 200 jobs. Statewide, the largest gains came in the leisure and hospitality sector with 2,000 new jobs. The biggest losses came in the financial sector (-1,000) and the category of trade, transportation and utilities (-900). Nevada's labor force grew by 4,095 in March as 4,730 found work and 635 lost their jobs, according to DETR. LAST MONTH: Nevada unemployment steady at 5.8% for February; federal jobs show little change here Unemployment growth came in at about 0.4% in February, 40th in the nation, Bureau of Labor Statistics data showed. California ranked 37th and Arizona was 50th with job numbers shrinking by 0.4%. Idaho led the nation with 2.7% growth, followed by Utah at 2.0%. Year-over-year, U.S. employment grew by 1.2% — double Nevada's 0.6% growth. The Las Vegas metro area saw employment grow by only 0.1% compared to March 2024. There were 2,900 fewer resort jobs and 2,800 fewer restaurant jobs in March 2025 than there were a year ago. Industries showing the biggest growth in Las Vegas over the year were in the categories of construction (6,000) and mining, logging and construction (6,000). To file an unemployment insurance claim, go to Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
28-03-2025
- Business
- Yahoo
Nevada unemployment steady at 5.8% for February; federal jobs show little change here
LAS VEGAS (KLAS) — A report released Thursday shows Nevada's unemployment rate is holding at 5.8%, the highest in the nation. The February jobs report from the Nevada Department of Employment, Training and Rehabilitation (DETR) shows an overall loss of 1,600 jobs statewide and 3,600 in the Las Vegas metro area — better than January when 7,500 jobs were lost in Las Vegas. 'The unemployment rate remains steady, and trends in hourly wage growth remain strong, reflecting ongoing demand for workers in the state,' according to David Schmidt, chief economist for DETR. Reno gained 500 jobs and Carson City lost 200 jobs. The shakeup in the federal government didn't appear to make an impact on unemployment in the February reports, but that could change in the coming months. The jobs report made no mention of possible impacts in Nevada. 8 News Now has reached out to DETR for comment, but we haven't received a reply yet. Layoffs in the National Park Service and General Services Administration affected a relatively small number of employees in Nevada. Continued uncertainty surrounding federal programs and grant funding could mean layoffs. DETR's jobs report showed no change from a year ago (February 2024) in federal government jobs in Las Vegas, but a decrease of 100 in the Reno-Sparks area. LAST MONTH: 'Unchanged' according to DETR, Nevada unemployment rate remains worst in the US Initial claims for unemployment benefits dropped by 16% from January to February. A total of 10,748 initial claims were filed in February, down 1.6% from a year ago. 'The jobs report for February reflects a labor market that is rebalancing after our rapid post-COVID expansion. Annual employment growth fell to 0.4 percent in Nevada, led by declines in the logistics, information, and professional and business services industries,' Schmidt said. 'Each of these saw rapid expansion in recent years, with the current job losses bringing employment levels more in line with longer-term growth trends in those industries.' The labor force grew by 3,318 in February, DETR said. The increase was the result of an increase of 3,658 in employed individuals and a decrease of 340 in unemployed individuals. To file an unemployment insurance claim, go to Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
